The California Homeowners Bill of Rights: What Does It Mean For Your Business?
- January 31, 2013
- 12:00 PM ET - 1:00 PM ET
BuckleySandler LLP hosted a webinar on Thursday, January 31, 2013, from 12:00-1:00 PM ET, regarding the California Homeowners Bill of Rights, which went into effect on January 1, 2013 as one of many measures taken by the California legislature to regulate actions of banks against homeowners who are in default or are attempting to refinance and/or modify their loan. BuckleySandler attorneys Clinton Rockwell and John McGuinness discussed, among other things (i) the broadening of the scope of the coverage of foreclosure protections, (ii) restrictions on dual track foreclosures, (iii) verification of documents, (iv) restrictions on charging loan modification fees, and (v) the expected increase in litigation and litigation risk.
This webinar was of particular interest to in-house legal, compliance, and risk management personnel at banks and other financial services providers offering mortgage services.